Sky, Oaktree announce leasing and finance venture

Sky Holding Co. and Oaktree Capital Management announced formation of a new aircraft finance and leasing partnership in which funds managed by Oaktree invested $500 million in Sky. According to the firms, the investment will enable Sky "to finance more than $2 billion of Boeing and Airbus aircraft annually, with sale/leaseback activities set to begin in the first quarter of 2010." Sky's management team previously worked together at Pegasus Aviation, which was acquired by AWAS and Terra Firma ...

Blogs & Commentary

A final update on my journey out of the London Heathrow chaos, along with a few takeaways that the incident made me think about, not just for the airline and airport directly involved, but for the wider industry....More

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